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Guru3D.com » News » Intel will pay $1.5 billion in Nvidia settlement

Intel will pay $1.5 billion in Nvidia settlement

by Hilbert Hagedoorn on: 01/15/2014 10:33 AM | source: | 13 comment(s)
Intel will pay $1.5 billion in Nvidia settlement

Intel and Nvidia are burying the hatchet and put away their differences and ongoing lawsuit and have settled for a $1.5 billion, six year cross-licensing agreement between the rival chipmakers. The long-term patent deal will see both companies using each others technologies and an end to any and all outstanding legal issues between the two firms.

"This agreement ends the legal dispute between the companies, preserves patent peace and provides protections that allow for continued freedom in product design," said Doug Melamed, Intel senior vice president and general counsel. "It also enables the companies to focus their efforts on innovation and the development of new, innovative products."

Under the deal, Intel, the world's largest chipmaker will fork out US$1.5 billion in five annual installments, in exchange for Nvidia's full range of patents. According to Nvidia, they will retain use of Intel's patents, consistent with its existing six-year agreement.

However this excludes Intel's proprietary processors, flash memory and certain chipsets for the Intel platform.

"This agreement signals a new era for Nvidia," said Jen-Hsun Huang, Nvidia's president and CEO. "Our cross license with Intel reflects the substantial value of our visual and parallel computing technologies. It also underscores the importance of our inventions to the future of personal computing, as well as the expanding markets for mobile and cloud computing."

In November 2009, Intel paid rival AMD US$1.25 billion as part of a five-year cross-licensing deal in order for AMD to drop its legal charges.

With the exception of one agreement term that is confidential, Intel has made the entire Nvidia deal available online at www.intel.com/pressroom/legal.



Intel will pay $1.5 billion in Nvidia settlement




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Ven0m
Senior Member



Posts: 1843
Joined: 2005-08-12

#4744243 Posted on: 01/15/2014 10:51 AM
After reading the agreement ( http://download.intel.com/pressroom/legal/Intel_Nvidia_2011_Redacted.pdf ), it seems like it gives right for NV to make x86 components as long as you can't use them together with Intel Core CPUs.

nicugoalkeper
Senior Member



Posts: 915
Joined: 2006-04-13

#4744247 Posted on: 01/15/2014 11:25 AM
This is a great deal for Nvidia, not only they are getting the money they get to make some new chips whit cross license with Intel they may be able to make some new monsters and Intel will get something from this (better support for Nvdia on Intel platform).

Denial
Senior Member



Posts: 14043
Joined: 2004-05-16

#4744314 Posted on: 01/15/2014 02:26 PM
Wait didn't this happen in 2011?

airbud7
Senior Member



Posts: 7835
Joined: 2011-07-20

#4744394 Posted on: 01/15/2014 04:58 PM


lol...so true...

Deleted member 252477
Unregistered



#4744414 Posted on: 01/15/2014 05:50 PM
They team up to fight common enemy AMD.

More new tech for us.

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